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Yesterday, the U.S. Commerce Department concluded its preliminary investigations into imports of Glycine from India, Thailand, and China and it has found that exporters are receiving countervailable subsidies at the following rates,
- China – 144.01 percent
- India – 3.03 to 26.07 percent
- Thailand – 0.00 percent
As a result of the findings, the commerce department has asked the U.S. customs and border patrol (CBP) agency to collect cash deposits from importers of the item based on these preliminary rates. The final decision will come by January next year for Thailand and India and the coming November for China.
The investigation was initiated based on petitions filed by GEO Specialty Chemicals, Inc. of Indiana and by Chattem Chemicals, Inc. of Tennessee.
According to the department’s calculations, the imports of cast iron soil pipes from China, India, and Thailand were valued at an estimated $1.1 million, $6.7 million, and $4.4 million respectively in 2017.
Under President Trump, the U.S. Commerce Department has significantly stepped up its investigations into foreign malpractices in trade and the number of investigations initiated is 186 percent more than the previous administration.
